Rental numbers for Champaign County, IL
The typical home here runs -$856 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.2%.
- Gross yield
- 6.9%
- typical home, Zillow
- Median ZIP yield
- 7.2%
- 8 ZIPs with full data
- Cash flow
- -$856/mo
- at 7.78%, 25% down
- Typical price
- $241,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,375/mo
- Zillow ZORI, Aug 2026
ZIP codes in Champaign County
20 with published figures
| 61821Champaign | $207,000 | $1,602 | 9.3% | 4.1% | -$403 | +6.3% |
| 61820Champaign | $187,000 | $1,305 | 8.4% | 3.4% | -$476 | +4.9% |
| 61866Rantoul | $141,000 | $877 | 7.5% | 1.9% | -$534 | +6.6% |
| 61878Thomasboro | $159,000 | $980* | 7.4% | 2.1% | -$576 | n/a |
| 61801Urbana | $192,000 | $1,167 | 7.3% | 2.0% | -$716 | n/a |
| 61859Ogden | $225,000 | $1,320* | 7.0% | 2.4% | -$758 | n/a |
| 61802Urbana | $224,000 | $1,316 | 7.0% | 2.2% | -$791 | n/a |
| 61849Homer | $192,000 | $1,040* | 6.5% | 2.0% | -$717 | n/a |
| 61822Champaign | $333,000 | $1,728 | 6.2% | 1.7% | -$1,329 | n/a |
| 61877Sidney | $238,000 | $1,230* | 6.2% | 2.1% | -$864 | n/a |
| 61853Mahomet | $352,000 | $1,789 | 6.1% | 1.8% | -$1,372 | n/a |
| 61872Sadorus | $206,000 | $1,020* | 5.9% | 1.9% | -$791 | n/a |
| 61863Pesotum | $216,000 | $980* | 5.5% | 1.5% | -$889 | n/a |
| 61864Philo | $266,000 | $1,180* | 5.3% | 1.3% | -$1,143 | n/a |
| 61847Gifford | $232,000 | $980* | 5.1% | 0.8% | -$1,093 | n/a |
| 61843Fisher | $238,000 | $980* | 5.0% | 0.8% | -$1,118 | n/a |
| 61874Savoy | $357,000 | $1,466 | 4.9% | 0.8% | -$1,676 | n/a |
| 61875Seymour | $304,000 | $1,210* | 4.8% | 0.2% | -$1,583 | n/a |
| 61880Tolono | $251,000 | $980* | 4.7% | 0.8% | -$1,190 | n/a |
| 61873Saint Joseph | $293,000 | $980* | 4.0% | 0.0% | -$1,567 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.5%
- Rent, 12 months
- +4.6%
- Rent minus price growth
- -0.9 pts
- Property tax
- 2.06%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $181,762 | $1,005 |
| Aug 2022 | $199,303 | $1,098 |
| Aug 2023 | $205,468 | $1,154 |
| Aug 2024 | $217,485 | $1,240 |
| Aug 2025 | $228,034 | $1,314 |
| Aug 2026 | $240,639 | $1,375 |
HUD Fair Market Rent
FY2027, Champaign-Urbana, IL HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $983 | $996 | $1,173 | $1,474 | $1,542 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 22.3
- 1,903 units, last 12 months
- National percentile
- 92th
- among US counties
Tools
Test a listing in Champaign County against today's rate.
Open the calculatorPart of the Champaign, IL metro.
Questions
- Is Champaign County good for rental property?
- The typical home here runs -$856 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Champaign County?
- About 2.06% of value, from Census ACS median taxes paid over median home value. On a $241,000 home that is about $4,952 a year.
- What is Fair Market Rent in Champaign County?
- HUD's FY2027 Fair Market Rent here is $996 for a 1-bedroom, $1,173 for a 2-bedroom and $1,474 for a 3-bedroom. Typical cash flow at today's rate is -$856 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.